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Stratey

11/19/10 3:36 PM

#30334 RE: growthstocks #30331

..when you have recurring income the easiest thing to cover are start up costs..capiche?

It's doubtful that this retail company has recurring income. Do you know what recurring income is? capiche?
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naturalborninvestor

11/19/10 3:36 PM

#30335 RE: growthstocks #30331

capiche, Master Chaos! Still, those "start-up costs" need to be paid sooner or later before this stock can be valuated on earnings potential.

BWT, I don't consider fees to the Creative Director as "start-up costs". If she is employed, it's a salary, otherwise it's a regular consulting fee.